Rousseff says Brazil will try to get out of first budget deficit
After presenting Brazil's first ever budget deficit, President Dilma Rousseff promised that her government will work hard to get back in the black.
Asia doing "pretty well" despite China slowdown: IMF chief
International Monetary Fund chief Christine Lagarde declared Asian economies were doing "pretty well" despite the volatility caused by China's slowdown.
France's economy minister stumbles on 35-hour-week, again
France's divisive economy minister has once again made waves among Socialists by criticising the country's sacrosanct 35-hour week just as the ruling party gathers for its annual conference.
Europe has 'means to resist' impact of China crisis: EU economics commissioner
EU Economic Affairs Commissioner Pierre Moscovici said that Europe had the "means to resist" the impact of China's slowing economy.
China poses risks to global economic recovery: France
China's faltering growth poses a threat to a recovery in the global economy, France's economy minister Emmanuel Macron said Tuesday.
Russian ruble falls to 2015 low as stocks plunge
Russia's battered ruble sank to its lowest point this year as Asian and European stock markets nosedived on concerns over the Chinese economy.
Nazarbayev urges exporters to sell dollars at home
After the devaluation of the Kazakh national currency tenge, Kazakhstan president asked exporters to sell dollars at the domestic market.
Threat of default in Kazakhstan assessed by analysts
Kazakhstani experts comment on Bank of American Merrill Lynch placing the Central Asian country among ten countries most vulnerable to a sovereign default.
Kazakhstan listed in Top 10 World's Riskiest Sovereign Debt?
Kazakhstan has been put on the map of the world's riskiest sovereign debt by Bank of America Merrill Lynch. Really?
Kazakh currency falls 23 percent after switch to free-float
Energy-rich Kazakhstan announced it was abandoning its currency band for a free-floating exchange rate, in a move that triggered a 23-percent fall in the value of the tenge against the US dollar.
Greece repays 3.4 bn euros to European Central Bank: source
Greece has repaid 3.4 billion euros ($3.79 billion) due to the European Central Bank, a source close to the Greek government said after the launch of a massive new reforms-for-bailout deal.
Causes of tenge-dollar exchange rate spike unclear
People in Kazakhstan wonder about the meaning of August 19 spike in tenge-dollar exchange rate, while the National Bank keeps silent.
Tianjin blasts echo across economy
The economic impact of the Tianjin explosions could reverberate for months.
New devaluation in Kazakhstan?
Kazakhstani banks raise dollar-tenge exchange rate. People fear another devaluation of the currency. The Kazakh National Bank is silent.
Japan economy's contraction a blow for 'Abenomics'
Japan's economy contracted last quarter, boosting speculation the central bank will be forced to unleash more stimulus as Tokyo's "Abenomics" growth blitz stumbles.
Eurozone approves Greek bailout accord worth up to 86 bn euros: official
Eurozone finance ministers approved Friday a third debt bailout worth up to 86 billion euros to keep Greece afloat and avoid its chaotic exit from the single currency bloc.
China's long march to currency reform takes a step forward
China's currency devaluation is a step in the long march to a more open regime for the yuan, analysts say, but authorities will need to further loosen their controls to promote long-term growth.
Kazakhstan's 5% employer pension contributions explained by Vice Minister
Vice Minister of Health and Social Development explains the new provision in the pension legislation concerning five percent employer contributions.
Pension reform in Kazakhstan raises questions
Kazakhstan is moving forward with its new pension system. However, some are concerned it will mean lower revenues for the state budget and more money in the shadow economy.
Greece reaches deal with creditors: government source
Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks.